6 coal mines auctioned in 7th tranche; NLC, NTPC win

07 Aug 2023 CW Team

In the seventh round of auctions, coal blocks were secured by state-owned NLC India and NTPC, along with three private companies. All six mines put up for auction were successfully sold.

The Ministry of Coal conveyed that NLC obtained the North Dhadu (Western Part) coal block situated in Jharkhand, possessing coal reserves of 434 million tonnes. Meanwhile, NTPC emerged as the winner for the North Dhadu (Eastern Part) coal block, which holds 439 million tonnes of coal reserves.

Private enterprises also participated, with Hindalco Industries acquiring the Meenakshi West block in Odisha, boasting 950 million tonnes of coal reserves. Bajrang Power and Ispat secured the Pathora East and Pathora West coal blocks located in Madhya Pradesh, containing 110.40 million tonnes and 81.69 million tonnes of coal reserves, respectively.

In Chhattisgarh, Nilkanth Coal Mining successfully bid for the Sherband coal block, which has a coal reserve of 90 million tonnes.

The Ministry stated, "With the completion of the auction for these six coal mines, the total count of coal mines auctioned through commercial auctions has now reached 92."

The projected yearly revenue from these mines is estimated to be roughly Rs 341.85 billion (excluding partially explored coal mines), calculated based on the current Peak Rated Capacity (PRC) of the coal mines.

It is anticipated that the operationalisation of these coal mines will result in a capital investment of about Rs 344.86 billion and will create employment opportunities for approximately 3 lakh individuals.

Out of the mines auctioned, two have been fully explored, while the remaining four have only been partially explored.

Also read:
India mulls private firms for nuclear plants
Coal subsidiaries embrace diversification with New Thermal Power Plants

Real Estate

06 Feb 2026

IGBC Green Karnataka Summit 2026 Highlights State’s Green Leadership

The CII Indian Green Building Council (IGBC) hosted the first IGBC Green Karnataka Summit 2026 in Bengaluru, bringing together government leaders, urban planners, developers, architects and industry stakeholders to deliberate on “Advancing Sustainability vis-à-vis Climate Resilience in Urban Built Karnataka”.Karnataka currently has 1,539 registered green building projects accounting for a cumulative 1.13 billion sq ft of certified green building footprint, ranking third in India by number of buildings adopting IGBC Green Building Ratings. The summit reinforced a collective shift from inte..

MIC Electronics Bags First PAPIS Order from RCF Kapurthala

MIC Electronics has received a Letter of Acceptance (LoA) from Rail Coach Factory (RCF), Kapurthala, for its first order in the Passenger Announcement and Passenger Information System (PAPIS) segment, marking a new addition to the company’s railway electronics portfolio.The order was awarded following successful evaluation of the company’s bid by the competent authority. MIC Electronics said the scope of work will be executed in line with the agreed rate structure, delivery schedules, inspection requirements, warranty provisions and other standard terms and conditions prescribed by RCF.Com..

Prozo Opens 1.5 Lakh Sq Ft Multi-Client Fulfilment Hub

Prozo has launched its largest multi-client fulfilment hub, a 1.5 lakh sq ft enterprise-grade facility at Horizon Industrial Parks, Gurugram, Haryana, strengthening its expanding national warehousing network. The new site is Prozo’s sixth multi-client facility in Haryana and eleventh in Northern India, within a network of over 50 fulfilment centres spanning 3 million sq ft.Designed as a model warehouse for North India, the facility combines high-specification infrastructure with Prozo’s proprietary technology stack to support complex and high-volume operations for enterprise, retail and D2..